The European Commission is to claw back 787 million ecu of Common Agricultural Policy expenditure

Date: 28/03/1996

misused in the 1992 financial year, after protracted negotiations and heavy lobbying from Ireland against the level of fine it faced. Ireland will have to repay 86.9 million ecu, 29.1 million less than the anticipated fine of 116 million. Italy will suffer the biggest penalty, with fines totalling 416 million. Potential fines totalling 209 million ecu are still subject to conciliation.